Dubai has formed a team to create a finance plan to boost revenue and reduce spending as it seeks funding to bail out its Dubai World holding company, Bloomberg has reported. The team, which will be led by Jamal Hamed al-Marri, director of central accounts at the Department of Finance, will develop a plan for the period 2011 to 2014. The plan will be submitted to Sheikh Ahmed Bin Saeed Al Maktoum, chairman of the Dubai Supreme Fiscal Committee.
You might also like...
Morocco tenders Noor Midelt 2
25 April 2024
Saudi Arabia's Roshn launches Aldanah Dhahran project
25 April 2024
Adnoc sees project spending uptick
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.